,i #aaf? ,,congress #a/ ,session ,h4 ,r4 #edgh ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,decemb] #ah1 #bjai,mr4 ,danny ,k4 ,davis ( ,ill9ois 7= himself & ,mr4 ,gos>7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ! ,judici>y ,a ,,bill ,to am5d title #ce1 ,unit$ ,/ates ,code1 re/ore pat5t rights to inv5tors1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,inv5tor ,rights ,act4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,inv5tors h contribut$ significantly to innovation 9 ! ,unit$ ,/ates & _! cont9u$ d$ication to inv5t+ & %>+ solutions to mod]n te*nical *all5ges is ess5tial = ! ,unit$ ,/ates to ma9ta9 lead]%ip 9 ! global economy4 7#b7 ,inv5tors1 n employees or inve/ors1 are ! s\rce ( innovation int5d$ by ! ,con/itution 7secur+ to inv5tors7 & ! ,pat5t ,act 7,:oev] inv5ts or discov]s ''' may obta9 a pat5t !re=e '''74 7#c7 ,rec5t *anges to pat5t laws & proc$ures & ,supreme ,c\rt decisions h adv]sely affect$ inv5tors su* t ! promise ( ,article #a1 section #h ( ! ,con/itution ( secur+ = limit$ times to inv5tors ! exclusive "r to _! discov]ies is no long] atta9able4 7#d7 ,inv5tors are d5i$ ! fundam5tal "r to exclude o!rs by ! ,supreme ,c\rt's #bjjf decision 9 e,bay ,inc4 v4 ,merc,exchange1 ,,llc4 7#e7 ,inv5tors 7 /ripp$ ( ! "r to file suit 9 _! own judicial di/rict by ! ,supreme ,c\rt's #bjag decision 9 ,,tc ,he>tl& ,,llc v4 ,kraft ,foods ,gr\p ,br&s ,,llc4 7#f7 ,issu$ pat5ts fail to secure to inv5tors _! exclusive rights because-- 7,a7 ! ,pat5t ,trial & ,appeal ,bo>d in/itutes trials 9 ov] #fj p]c5t ( cases & invalidates "o or m claims 9 ov] #hj p]c5t ( trials :i* rea* a f9al decision2 7,b7 _m pat5ts are subject$ to multiple po/ issuance reviews2 or 7,c7 mo/ inv5tors _c af=d ! co/s ( def5d+ a pat5t *all5g$ 9 a s+le po/ issuance review1 z ^! co/s c rea* hundr$s ( ?\s& ( doll>s4 7#g7 ,infr+em5t trials c co/ t5s ( millions ( doll>s & c take up to t5 ye>s to rea* a f9al judgm5t aft] all appeals1 mak+ legal relief unatta9able = inv5tors4 7#h7 ,^! ob/acles h giv5 rise to an effici5t infr+em5t bus9ess model :]eby l>ge corporations infr+e pat5t rights held by inv5tors )\t conc]n = any legal consequ5ces4 7#i7 ,pat5t protection has l$ to pati5t cures1 positive *anges to ! /&>d ( liv+ = all p 9 ! ,unit$ ,/ates1 & improvem5ts to ! agricultural1 telecommunications1 s(tw>e1 biote*1 ph>maceutical & electronics indu/ries1 among o!rs4 #c4 ,inv5tor protections 7a7 ,inv5tor-,own$ pat5t ,section #ajj ( title #ce1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 7k7 ,! t]m inv5tor-own$ pat5t means a pat5t ) respect to :i* ! inv5tor ( ! inv5tion claim$ by ! pat5t or an entity controll$ by t inv5tor-- 7#a7 is ! pat5tee2 & 7#b7 holds all sub/antial rights4 4 7b7 ,inv5tor-,own$ pat5t protections ,*apt] #cb ( title #ce1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+ new section3 #ccj4 ,inv5tor protections 7a7 ,protection f po/ issuance proce$+s 9 ! unit$ /ates pat5t & tradem>k (fice ,! ,unit$ ,/ates ,pat5t & ,tradem>k ,(fice %all n und]take a proce$+ to reexam9e1 review1 or o!rwise make a det]m9ation ab\t ! validity ( an inv5tor-own$ pat5t )\t ! cons5t ( ! pat5tee4 7b7 ,*oice ( v5ue ,any civil action = infr+em5t ( an inv5tor-own$ pat5t or any action = a decl>atory judgm5t t an inv5tor-own$ pat5t is invalid or n infr+$ may be br\ght 9 a judicial di/rict-- 7#a7 9 accordance ) section #adjj7;b7 ( title #bh2 7#b7 :]e ! def5dant has agre$ or cons5t$ to be su$ 9 ! in/ant action2 7#c7 :]e an inv5tor nam$ on ! pat5t 9 suit conduct$ rese>* or developm5t t l$ to ! application = ! pat5t 9 suit2 7#d7 :]e a p>ty has a regul> & e/abli%$ physical facility t su* p>ty controls & op]ates1 n prim>ily = ! purpose ( creat+ v5ue1 & has-- 7,a7 engag$ 9 managem5t ( significant rese>* & developm5t ( an inv5tion claim$ 9 a pat5t 9 suit prior to ! effective fil+ date ( ! pat5t2 7,b7 manufactur$ a tangible good t is alleg$ to embody an inv5tion claim$ 9 a pat5t 9 suit2 or 7,c7 implem5t$ a manufactur+ process = a tangible good 9 :i* ! process is alleg$ to embody an inv5tion claim$ 9 a pat5t 9 suit2 or 7#e7 9 ! case ( a =eign def5dant t does n meet ! requirem5ts ( section #adjj7;b7 ( title #bh1 9 accordance ) section #acia7;c77#c7 ( su* title4 7c7 ,injunction 7#a7 ,presumption ,^u a f9d+ by a c\rt ( infr+em5t ( an inv5tor-own$ pat5t n prov5 invalid or un5=ceable1 ! c\rt %all presume1 respectively1 t-- 7,a7 fur!r infr+em5t ( ! pat5t w\ld cause irrep>able injury2 & 7,b7 rem$ies available at law are inadequate to comp5sate = t injury4 7#b7 ,ov]com+ ! presumption ,a presumption describ$ "u subp>agraphs 7,a7 or 7,b7 ( p>agraph 7#a7 may be ov]come if ! infr++ p>ty %[s cle> & conv9c+ evid5ce t ! pat5tee w\ld n be irrep>ably h>m$ by fur!r infr+em5t ( ! pat5t1 includ+ evid5ce ( unreasonable delay by ! pat5tee f ! date on :i* ! infr+em5t 0 kn[n or reasonably c\ld h be5 kn[n to ! pat5tee4 7d7 ,recov]y ,a pat5tee t ass]ts a claim = infr+em5t ( an inv5tor-own$ pat5t 9 a civil action "u subsection 7a71 7b71 7c71 7f71 or 7g7 ( section #bga may elect1 at any "t be=e f9al judgm5t is ent]$ by ! c\rt1 recov]y "u ?is subsection 9 lieu ( damages "u section #bhd4 ,if an election = recov]y "u ?is subsection is made1 ! foll[+ provisions apply ^u a f9d+ ( infr+em5t3 7#a7 ,pr(it disgorgem5t ,! c\rt %all aw>d ! pat5tee ! pr(its f ! use made ( ! inv5tion by ! infr+]4 ,9 assess+ pr(its ! pat5tee %all be requir$ to prove only ! infr+]'s rev5ues result+ f ! infr+em5t2 ! infr+] mu/ prove all elem5ts ( co/ or d$uction claim$4 7#b7 ,int]e/ & co/s ,! c\rt %all aw>d ! pat5tee ! co/s describ$ "u section #aibj ( title #bh4 7#c7 ,infr+em5t f\nd willful ,if ! c\rt f9ds ! infr+em5t to be willful1 ! c\rt may aw>d ! pat5tee damages equal to no m ?an ?ree times ! am\nt ( ! pr(its f\nd 9 p>agraph 7#a74 7#d7 ,attorneys fees ,! c\rt %all aw>d ! pat5tee any am\nt ( _! attorneys fees t exce$s #aj p]c5t ( ! am\nt ( ! pr(its & damages ( p>agraphs 7#a7 to 7#c74 4 7c7 ,te*nical & con=m+ am5dm5t ,! table ( sections = *apt] #cb ( title #ce1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 #ccj4 ,inv5tor protections4 4